Oil above $100 as as market shrugs off U.S. measures to reduce prices
The Callisto tanker sits anchored in Port Sultan Qaboos as the traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 12, 2026. Benoit Tessier | Reuters Brent crude oil held above $100 on Friday as the Iran war heads toward its third week, with oil tanker…